UltraTech’s India Cements stake buy a win-win for both. Here’s what analyst said on industry consolidation

UltraTech Cement’s Rs 1,885 crore stake purchase in India Cements is expected to be mutually beneficial for both companies and would consolidate its position in South India at a time when the Adani Group’s acquisitive spree is intensifying competition between the two players. This deal can be mutually beneficial for UltraTech Cement and India Cements … Read more